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Net Revenue
3 Months Ended
Mar. 31, 2026
Revenue from Contracts with Customers [Abstract]  
Net Revenue Net Revenue
The following table presents the Company’s revenue disaggregated based on revenue source, timing of revenue recognition and the end markets that we serve, for the three month periods ended March 31, 2026 and 2025. The Company believes these categories best depict the nature and timing of revenue:
Three Months Ended
March 31
2026
2025
Type of goods and services:
Manufacturing Services
$
1,425 
$
1,397 
Technology Services
209 
188 
Total
$
1,634 
$
1,585 
Timing of revenue recognition:
Revenue recognized over time
$
164 
$
138 
Revenue recognized at a point in time
1,470 
1,447 
Total
$
1,634 
$
1,585 
End Markets:
Smart Mobile Devices
$
558 
$
586 
Communications Infrastructure & Datacenter
230 
174 
Home and Industrial IoT
255 
328 
Automotive
382 
309 
Technology Services
209 
188 
Total
$
1,634 
$
1,585 
Effective January 1, 2026, the Company updated the terminology used to describe revenue categories. Revenue previously presented as "Wafer revenue" and "Non-wafer revenue" is now presented as "Manufacturing Services" and "Technology Services," respectively. Manufacturing Services include volume production and sales of finished semiconductor products. Technology Services include non-recurring engineering services, mask production, process qualification, post-fabrication services such as bump, test and packaging, and revenue from intellectual property licenses, related royalties and other items. We believe these categories better reflect the depth and breadth of our business model today. This change in presentation does not impact the composition of revenue, total revenue reported or revenue recognition policies. Prior periods have been conformed to the current period presentation.